Family Dollar Stores Incorporated

Family Dollar Stores Inc. rejected an $8.9-billion takeover offer from rival Dollar General Corp., citing antitrust concerns that prompted the company to reaffirm its support for a less lucrative deal with smaller Dollar Tree Inc. Dollar Tree's offer for Family Dollar is worth about $8.5 billion in cash and stock, or $74.50 a share. The bid from Dollar General, disclosed on Monday, is an all-cash offer for $78.50 a share. ------------ FOR THE RECORD An earlier version of this post said Family Dollar is based in Goodlettsville, Tenn. The company is actually based in Matthews, N.C. ------------ Snubbing the higher offer could spark a fight for control of the nation's...

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Family Dollar Stores Inc. rejected an $8.9-billion takeover offer from rival Dollar General Corp., citing antitrust concerns that prompted the company to reaffirm its support for a less lucrative deal with smaller Dollar Tree Inc.
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